Uranium One to Host Third Quarter 2008 Results Conference Call

Trading Symbols: UUU - Toronto Stock Exchange, JSE Limited (Johannesburg
Stock Exchange)

VANCOUVER and JOHANNESBURG, Nov. 7 /CNW/ - Uranium One Inc. ("Uranium One") announced today that it will release its third quarter results before markets open in Toronto on Friday, November 14, 2008.

Uranium One has also scheduled a conference call and webcast for investors and analysts at 10:00 a.m. (Eastern Time) on Friday, November 14, 2008.

Live Conference Call and Webcast Access Information:

North American callers please dial:                     1-800-587-1893

Local and international callers please dial:              416-915-5761

A live webcast of the call will be available through CNW Group's website
at: www.newswire.ca/webcast

A recording of the conference call will be available for replay for a two
week period beginning at approximately 12:00 p.m. on November 14, 2008
and can be accessed as follows:

North American callers please dial:                     1-877-289-8525;
                                                    pass code 21288394

Local and international callers please dial:              416-640-1917;
                                                    pass code 21288394

About Uranium One

Uranium One is one of the world's largest publicly traded uranium producers with a globally diversified portfolio of assets located in Kazakhstan, the United States, South Africa and Australia.

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